The Gold Cartel: Government Intervention on Gold, the Mega Bubble in Paper, and What This Means for Your Future

Author:   D. Speck
Publisher:   Palgrave Macmillan
Edition:   1st ed. 2013
ISBN:  

9781349449347


Pages:   302
Publication Date:   01 January 2013
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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The Gold Cartel: Government Intervention on Gold, the Mega Bubble in Paper, and What This Means for Your Future


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Author:   D. Speck
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Edition:   1st ed. 2013
Dimensions:   Width: 15.50cm , Height: 1.70cm , Length: 23.50cm
Weight:   0.498kg
ISBN:  

9781349449347


ISBN 10:   1349449342
Pages:   302
Publication Date:   01 January 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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From my studies in economic history I am not familiar with a single instance where a market manipulation has been successful in the long-term. Governments and their Agencies always impose price support or price suppression measures (for instance price and wage controls) but market forces always dispose of these interventions by prices collapsing through support levels or soaring though the temporary controlled prices. It is my opinion that soaring gold prices in future will completely destroy the little credibility central banks still enjoy. This is a very good and well researched read. - Marc Faber, Editor, The Gloom Boom and Doom Report The Gold Cartel is a brisk, articulate and convincing read. Even so, it remains extremely sound. A miracle! - Professor Heinz Christian Hafke, former German Bundesbank Director


From my studies in economic history I am not familiar with a single instance where a market manipulation has been successful in the long-term. Governments and their Agencies always impose price support or price suppression measures (for instance price and wage controls) but market forces always dispose of these interventions by prices collapsing through support levels or soaring though the temporary controlled prices. It is my opinion that soaring gold prices in future will completely destroy the little credibility central banks still enjoy. This is a very good and well researched read. - Marc Faber, Editor, The Gloom Boom and Doom Report The Gold Cartel is a brisk, articulate and convincing read. Even so, it remains extremely sound. A miracle! - Professor Heinz Christian Hafke, former German Bundesbank Director


Author Information

DIMITRI SPECK is commodity analyst and chief developer of trading strategies for asset manager Staedel Hanseatic, where he is responsible for the Stay-C commodity fund that won the Hedge Fund Journal's award as best European commodity fund. He specialises in economic history and empirical measurable market patterns, and in 2001 he discovered, with the help of intraday anomalies, that central banks have been systematically intervening in the gold market – research that formed the basis for this book. Speck holds a patent for an iterative financial market, is the author of numerous articles on the gold markets and other financial topics, and is publisher of the financial website www.seasonalcharts.com.

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